i will be looking to short eurnzd if we reject the 4 hour resistance zone and rsi is within the 70-80 overbrought region
i will be looking at shorting eurusd due to price rejecting the 0.618 fib level and alsop is rejections the resistance zone, price has also formed a double top and is also currently overbrought on the rsi which indicates buying momentum has ended and sellers may be looking to enter the markets, i will be selling down to the 0.382 fib level for 99 pips which will...
looking to long eurusd at 1.08320 at the .618 fib level, support level and trend line bounce
gbpjpy shorts to 131 region before looking for buys at low risk up to 139 region
gone long on this pair as price respected the .786 fib level and had previously broken the trendline and failed to drop below, also price was was supporting my support zone which has acred as a strong area previously .
eurcad 4 hour - id like to see price retest its daily support zone as its proven to be a strong area before seeing bullish momentum, we can also see price is ranging between 1.52416 and 1.53002, the rsi indicator is floating around the ranging region on the indicator at 0.50 however for me to enter this trade i would like to see the rsi indicator be between 20-30...